8% of mortgages in forbearance, where will the defaults be in Colorado? Should you be worried?

8% of mortgages in forbearance, where will the defaults be in Colorado? Should you be worried?

Almost 6% of all homeowners (8% of one type of loan) are “stuck” in some sort of forbearance.  Unfortunately, the number of borrowers in forbearance has barely budged recently with no end in site.  What does this mean for defaults?  Why is one mortgage type...
Is Denver set for a long-term decline?  What does this mean for real estate?

Is Denver set for a long-term decline?  What does this mean for real estate?

Denver historically was the leader in Colorado real estate.  The tides have turned with the pandemic.  Year to date, sales in Denver are up around 5%, while Jefferson county, a suburban county of Denver is up 9%.  Furthermore, the appreciation in Summit county is over...
2021 Colorado Real Estate Market predictions: Who will win & Lose?

2021 Colorado Real Estate Market predictions: Who will win & Lose?

Happy New Year! It is time for my annual Colorado real estate predictions. How did I do last year?  I did really good especially with the uncertainty of the virus! (see below) 2021 is shaping up to be pretty exciting from a real estate perspective!  The main economic...
Coronavirus delivers 18% residential property tax cut in Colorado; Really?

Coronavirus delivers 18% residential property tax cut in Colorado; Really?

    Like many of you I was excited to finally hear my property taxes were going down as this never happens! Colorado is unique in how property taxes are calculated requiring a balance between commercial and residential property taxes, with commercial values...